Weekly Top Insider Buys: GD, BBY, RE, WCC, MRH

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Oct 04, 2010




According to GuruFocus Insider Data, the largest insider buys during the past week were General Dynamics Corp., Best Buy Co. Inc., Everest Re Group Ltd., WESCO International Inc., Montpelier Re Holdings Ltd.

General Dynamics Corp. (GD, Financial): Director William P Fricks Bought 2,000 Shares

Director of General Dynamics Corp. (GD) William P Fricks bought 2,000 shares on 09/24/2010 at an average price of $62.46. General Dynamics Corp.'s primary businesses focus is on shipbuilding and marine systems, business aviation, information systems, and land and amphibious combat systems. General Dynamics Corp. has a market cap of $23.76 billion; its shares were traded at around $62.46 with a P/E ratio of 10 and P/S ratio of 0.8. The dividend yield of General Dynamics Corp. stocks is 2.7%. General Dynamics Corp. had an annual average earning growth of 13.7% over the past 10 years. GuruFocus rated General Dynamics Corp. the business predictability rank of 4.5-star.

ICOP Digital, Inc announced its financial and operational results for the three months ended June 30, 2010. Operating expenses in the second quarter 2010 totaled $1.9 million compared to $2.2 million for 2009, a decrease of 14%.

General Dynamics Corp. is owned by Kenneth Fisher, Tom Gayner, and Jean-Marie Eveillard.

Director William P Fricks, Director William A Osborn, and Director John M Keane sold shares of GD stock.

Best Buy Co. Inc. (BBY, Financial): Director Gerard R Vittecoq Bought 1,255 Shares

Director of Best Buy Co. Inc. (BBY) Gerard R Vittecoq bought 1,255 shares on 09/27/2010 at an average price of $40.76. Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. Best Buy Co. Inc. has a market cap of $16.99 billion; its shares were traded at around $40.76 with a P/E ratio of 12.4 and P/S ratio of 0.3. The dividend yield of Best Buy Co. Inc. stocks is 1.4%. Best Buy Co. Inc. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Best Buy Co. Inc. the business predictability rank of 5-star.

Best Buy Co. Inc. is owned by Mario Gabelli, John Hussman, and Bill Nygren.

Director Gerard R Vittecoq, Director Lisa Caputo, and Director Lisa Caputo bought shares of BBY stock.

Everest Re Group Ltd. (RE, Financial): Indirect subsidiary of Issuer Reinsurance Holdings I Everest Bought 188,932 Shares

Indirect subsidiary of Issuer of Everest Re Group Ltd. (RE) Reinsurance Holdings I Everest bought 188,932 shares during the past week at an average price of $85.19. Everest Re Group, Ltd. is a world leader in property and casualty reinsurance and insurance, offering innovative products, responsive service and unsurpassed financial strength. Everest Re Group Ltd. has a market cap of $4.79 billion; its shares were traded at around $85.19 with a P/E ratio of 10 and P/S ratio of 1.1. The dividend yield of Everest Re Group Ltd. stocks is 2.3%.

Rock Energy Inc. announced its financial and operational results for the period ended June 30, 2010.

Everest Re Group Ltd. is owned by Prem Watsa, Charles Brandes, and David Einhorn own shares of RE stock.

Indirect subsidiary of Issuer Reinsurance Holdings I Everest bought share of RE stock.

WESCO International Inc. (WCC, Financial): Vice President,Human Resources Kimberly G Windrow Bought 3,850 Shares

Vice President,Human Resources of WESCO International Inc. (WCC) Kimberly G Windrow bought 3,850 shares on 09/27/2010 at an average price of $39.57. Wesco International, Inc. is a provider of electrical products and other industrial MRO supplies and services in North America. Wesco International Inc. has a market cap of $1.68 billion; its shares were traded at around $39.57 with a P/E ratio of 17.5 and P/S ratio of 0.4. Wesco International Inc. had an annual average earning growth of 12.7% over the past 10 years.

WESCO International, Inc. announced its second quarter 2010 financial results. Consolidated net sales were $1,259.1 million for the second quarter of 2010, compared to $1,159.2 million for the second quarter of 2009, an increase of 8.6%. Sales, general & administrative (SG&A) expenses were $186.0 million, or 14.8% of sales for the current quarter, compared to $169.9 million, or 14.7% of sales for 2009.

WESCO International Inc. is owned by NWQ Managers, Richard Snow, and Ronald Muhlenkamp.

CFO Richard Heyse, Vice President,Human Resources Kimberly G Windrow, and Vice President, Legal Affairs Diane Lazzaris bought shaes of WCC stock.

Montpelier Re Holdings Ltd. (MRH, Financial): Director J Roderick Heller Iii Bought 1,500 Shares

Director of Montpelier Re Holdings Ltd. (MRH) J Roderick Heller Iii bought 1,500 shares on 09/24/2010 at an average price of $17.22. Montpelier Re Holdings Ltd., through its operating subsidiaries, is a premier provider of global specialty property reinsurance products. Montpelier Re Holdings Ltd. has a market cap of $1.21 billion; its shares were traded at around $17.22 with a P/E ratio of 6.9 and P/S ratio of 1.8. The dividend yield of Montpelier Re Holdings Ltd. stocks is 2.1%.

Montpelier Re Holdings Ltd. reported financial results for the second quarter ended June 30, 2010. The Company reported net income of $0.96 per share ($70 million) for the second quarter of 2010, and operating income of $1.00 per share ($73 million), an increase of 28% on a per share basis from the second quarter of 2009. The net impact of realized and unrealized losses from investments and foreign exchange, which is included in net income, was $3 million for the quarter.

Montpelier Re Holdings Ltd. is owned by Arnold Schneider and Third Avenue Management.

President and CEO Christopher L Harris, Director J Roderick Heller Iii, and Director Ian Michael Winchester bought shares of MRH stock.

For the complete list of stocks that bought by their company executives, go to: Insider Buys.